Business News

The former chief executive of FTX's sister firm has described herself as a remorseful participant in the fraud....
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The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an illegal monopoly over debit payments by imposing “exclusionary” agreements on partners...
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Activist investor Elliott Investment Management is ready to call for a proxy fight with Southwest Airlines and is trying to get all of the airline’s shareholders on board. In the coming weeks,...
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There are more potential alternatives to Visa’s debit network in the event the company is penalized by the Justice Department....
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With only weeks left to go until the November presidential election, Democrat Kamala Harris has a slight edge over Republican Donald Trump in most recent national polls. Online prediction market...
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Key Takeaways Visa shares fell Tuesday morning following reports that the U.S. Department of Justice (DOJ) is preparing an antitrust lawsuit against the payment processor.The DOJ could file a suit as...
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Brazilian brokerage firm Guide Investimentos has dismissed about 50 employees just a few weeks after being acquired by lender Banco Safra, according to people familiar with the matter....
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The new rules — which kicked in Aug. 17 but were already affecting deals once the settlement was announced in March — have had the initial effect of modestly lowering fees. The average commission per...
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Federal agents on Tuesday searched the Washington-area offices of Carahsoft Technology Corp., a major distributor of technology products to government agencies, according to people familiar with the...
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U.S. stocks are drifting around their records Tuesday after Chinese stocks soared following a slew of moves by the Chinese central bank to prop up the world’s second-largest economy. The S&P 500 was...
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